Strategy: Sells 3588 BTC as Stablecoin Cap Falls

Strategy sold 3588 BTC for $216M at $60197 during the June 29–July 5 period while Bitmine accumulated 42197 ETH worth $74M, coinciding with a $1.45B decline in total stablecoin market cap and reduced DEX volumes.

Seven additional companies trimmed 166.5 BTC holdings worth $10.32M, underscoring broad institutional distribution amid cooling on-chain metrics.

Price action at $63735.37 sits inside the Bollinger band with upper resistance at $63817.27; the 50-EMA support at $61950.42 remains the key level to watch after the MACD death cross at 569.37, suggesting a measured pullback before any sustained continuation higher.